Cheap Homes for Rent in Prospect Hill Lexington Neighborhood of Lexington, MA from $2,400 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Prospect Hill Lexington area of Lexington.

property at 248 Lincoln St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

248 Lincoln St

LexingtonMA02421

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 30 Farmcrest Ave

$5,600

Total Monthly Price

Total Monthly Price

Base Rent
$5,600

Total Monthly Price
$5,600

3 Bedroom, 2.5 Bath Home for Rent

Available Now

30 Farmcrest Ave

LexingtonMA02421

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Prospect Hill Lexington, Lexington, MA Local Guide

Cheapest Available Prospect Hill Lexington Apartments for Rent

 

The cheapest available apartment rental in the Prospect Hill Lexington area of Boston, MA is a 1 Bed unit found at Waltham Overlook priced from $2,495. Windsor Village at Waltham has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,503. Here are the most affordable Prospect Hill Lexington apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Waltham OverlookA1BR1BR,1BA$2,495
Windsor Village at WalthamThe Dartmouth1BR,1BA$2,503
Captain Parker Arms1 Bedroom / 1 Bath1BR,1BA$2,550
Battle Green Apartments2 Bed 2 Bath2BR,2BA$2,700
Katahdin WoodsThe Adams1BR,1BA$2,756

Best Value Apartments for Rent in Prospect Hill Lexington, MA

As of June 11, 2026 the best value apartment in the Prospect Hill Lexington area is the $2.48 price per square foot 2 Bedroom Model at April Lane Apartments in the in the Woodhaven neighborhood starting from $3,100. The second greatest value Prospect Hill Lexington apartment is the C2 Two Bedroom Model at Seven Springs starting at $3,595 with a $3.12 price per square foot in the Turning Mill neighborhood. Here is today’s list of the best values for Prospect Hill Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
April Lane Apartments2 Bedroom2BR,2BA$2.48
Seven SpringsC2 Two Bedroom2BR,2BA$3.12
Briar Glen VillageThe Hemlock2BR,2BA$2.95
Windsor Village at WalthamThe Faneuil2BR,1.5BA$3.09
Battle Green Apartments2 Bed 2 Bath2BR,2BA$2.65
12 Saran Ave, Unit Saran Ave Bedford12 Saran Ave2BR,1BA$3.13
44 Lawrence Ln, Unit 1 Bedroom Apartment44 Lawrence Ln1BR,1BA$3.22
Captain Parker Arms1 Bedroom / 1 Bath1BR,1BA$3.40
49 Jacqueline Rd, Unit 649 Jacqueline Rd1BR,1BA$2.92
Waltham OverlookA1BR1BR,1BA$3.47

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Prospect Hill Lexington, Lexington, MA

Ranked #10

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Prospect Hill Lexington

What type of rentals are currently available in Prospect Hill Lexington?

There are currently 31 Apartments for Rent in Prospect Hill Lexington, MA with pricing that ranges from $1,975 to $7,920. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill Lexington ranging from $2,400 to $12,000.

What is the current price range for Rental Homes in Prospect Hill Lexington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill Lexington ranges from $2,400 to $12,000 with an average monthly rent of $5,920.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

decorative image for A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

A Local Experts Guide to the Top Boston Neighborhoods for College Renters

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

Explore Like a Local: The Insider's Guide to Boston

Written by: Amelia Ramstead

Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.